2336 38 Madrid Street, New Orleans, LA 70122
- $299,000
- 4
- BD
- 2
- BA
- 1,964
- SqFt
- List Price
- $299,000
- MLS#
- NOMAR-2405889
- Status
- ACTIVE
- Type
- Multifamily
- Style
- Other
- Condition
- Repairs Cosmetic, Very Good Condition, Fixer
- Stories
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,964
- Parish
- Orleans
Property Description
INVESTMENT double or owner occupy! Current rent is below market. These units could easily be rented for $1,500.00. RENOVATED WITH long term tenants. This double has 2 bedroom/1 bath each unit with large living dining spaces and separate bedrooms. Both units have interior laundry rooms! Both units have been updated signifigantly. Lower level was a complete remodel in 2015. The upper level was a to the studs renovation in 2022. New roof Post IDA. Property was shored in 2022. Both units have long term tenants and could rent for more. Ring Doorbells. The property is a corner lot with a large "backyard or potential parking" area. 1 water meter (bill split between owner and tenants) 2 separate electric meters. Gas was run to the property but all appliances are electric. Shoring in 2023 by Abrey Brothers. 2015 All pipes under property replaced. Perfect opportunity to add this wealth building property to your portfolio!
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Additional Information
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Pool Description
- None
- Heating
- Central
- Cooling
- Central Air
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